The type of contract (payment mechanism) chosen for a project is often a reflection of the degree of risk associated with completing that project. For a firm fixed price contract, payment for risk _____ .A Is accomplished by paying the actual costs to the

题目

The type of contract (payment mechanism) chosen for a project is often a reflection of the degree of risk associated with completing that project. For a firm fixed price contract, payment for risk _____ .

A Is accomplished by paying the actual costs to the contractor.

B Is accomplished by paying the contractor for his costs plus a fixed fee (profit).

C Is an undisclosed contingency in the contractor's bid.

D Is accomplished by paying for the budgeted costs of dealing with risks, as predicted in the project risk assessment.

E B and C

相似考题

1.Project trade-offs vary betweenA . risk, cost and schedule.B . direct cost, indirect cost, and resource availabilityC . quality, schedule and timeD . cost, quality and scheduleE . contract terms, scope and budget

2.Considering alternate suppliers is a form. of _____.A.Value engineering.B.Risk AnalysisC.Contract ManagementD.Project integrationE.All of the above.

3.Which of the following control types has the highest risk to the owner:A Firm fixed price (FFP)B Time and material (T&M)C Cost plus fixed fee (CPFF)D Cost plus incentive fee (CPIF)E A and B only

4.The degree to which a company accepts and utilizes project management is often dependent upon the _____ and _____ of the project.ACompetition, dollar valueBType of industry, manpower requirementsCSize, natureDQuality requirements, manpower requirementEType of industry, risk

更多“The type of contract (payment mechanism) chosen for a project is often a reflection of the degree of risk associated with completing that project. For a firm fixed price contract, payment for risk _____ .A Is accomplished by paying the actual costs to the”相关问题

  • 第1题：

    Which of the following contract types has the highest risk to the contractor:

    A Firm fixed price (FFP)

    B Time and material (T&M)

    C Cost plus fixed fee (CPFF)

    D Cost plus incentive fee (CPIF)

    E A and B only


    正确答案：A

  • 第2题：

    In which of the following contract types is it easier to change the scope of the contract:

    A firm fixed price

    B fixed price plus incentive fee

    C cost plus percentage of cost

    D letter contract

    E None of the above.


    正确答案：C

  • 第3题：

    Which of the following types of contracts is equivalent to a cost plus contract:

    A Fixed firm price

    B Cost reimbursable

    C Fixed price plus incentive fee

    D progress payments

    E All of the above.


    正确答案：B

  • 第4题：

    Which type of contract requires that the buyer keep the tightest labor/material cost control?

    A Cost Plus Incentive Fee

    B Cost Plus Percentage of Costs

    C Cost Plus Fixed Fee

    D Firm Fixed Price

    E Firm Fixed Price Plus Incentive


    正确答案：B

  • 第5题：

    103 Which contract type consists of - target costs & profit, ceiling prices and shared ratio of risk?

    A. Cost Plus Incentive Fee

    B. Cost Plus Percentage of Costs

    C. Cost Plus Fixed Fee

    D. Firm Fixed Price

    E. Firm Fixed Price Plus Incentive


    正确答案：E

  • 第6题：

    33 In which of the following contract types is it easier to change the scope of the contract:

    A. firm fixed price

    B. fixed price plus incentive fee

    C. cost plus percentage of cost

    D. letter contract

    E. None of the above


    正确答案：C

  • 第7题：

    98 In which of the following is the cost of risk hidden by the contractor?

    A. Firm Fixed Price Contract

    B. Fixed Price Plus Incentive

    C. Cost Plus Fixed Price

    D. Cost Plus Percentage of Cost

    E. A and B


    正确答案：D

  • 第8题：

    140 Which of the following control types has the highest risk to the owner:

    A. Firm fixed price (FFP)

    B. Time and material (T&M)

    C. Cost plus fixed fee (CPFF)

    D. Cost plus incentive fee (CPIF)

    E. A and B only


    正确答案：B

  • 第9题：

    115 In which of the following contract types is it easier to change the scope of the contract:

    A. firm fixed price

    B. fixed price plus incentive fee

    C. cost plus percentage of cost

    D. letter contract

    E. None of the above.


    正确答案：C

  • 第10题：

    ● The degree to which a company accepts and utilizes project management is often dependent upon the _____ and _____ of the project.

    A Competition, dollar value

    B Type of industry, manpower requirements

    C Size, nature

    D Quality requirements, manpower requirement

    E Type of industry, risk


    正确答案：C

  • 第11题：

    Customers trading abroad in foreign currencies may protect against the exchange risk by arranging ______.

    A．a contract of international sale of goods

    B．a contract of marine insurance

    C．a forward contract to fix the exchange rate in advance

    D．contract for the delivery of goods by installments


    正确答案：C
    解析：远期合约可使进出口贸易商避免汇率风险(exchange risk)。in foreign currencies用外汇(币)计价。marine insurance海运保险。forward contract远期合约。in advance预先。

  • 第12题：

    单选题
    Why does Mr. Black want to delay his loan payment?
    A

    Because his store opens in January.

    B

    Because he has declared bankruptcy,

    C

    Because he is paying back other loans.

    D

    Because he wants to modify his contract.


    正确答案： B
    解析：
    根据第1段第5句Paying back those loans has left me temporarily short of cash可知Mr. Black因偿还其他贷款而导致现金不足，故选C。

  • 第13题：

    In which of the following is the cost of risk hidden by the contractor?

    A Firm Fixed Price Contract

    B Fixed Price Plus Incentive

    C Cost Plus Fixed Price

    D Cost Plus Percentage of Cost

    E A and B


    正确答案：D

  • 第14题：

    Which of the following is equivalent to a lump sum contract:

    A fixed price contract

    B price fixing contract

    C purchase order

    D All of the above.

    E B and C only


    正确答案：A

  • 第15题：

    Which contract type consists of - target costs & profit, ceiling prices and shared ratio of risk?

    A Cost Plus Incentive Fee

    B Cost Plus Percentage of Costs

    C Cost Plus Fixed Fee

    D Firm Fixed Price

    E Firm Fixed Price Plus Incentive


    正确答案：E

  • 第16题：

    95 Which type of contract requires that the buyer keep the tightest labor/material cost control?

    A. Cost Plus Incentive Fee

    B. Cost Plus Percentage of Costs

    C. Cost Plus Fixed Fee

    D. Firm Fixed Price

    E. Firm Fixed Price Plus Incentive


    正确答案：B

  • 第17题：

    125 Which of the following types of contracts is equivalent to a cost plus contract:

    A. Fixed firm price

    B. Cost reimbursable

    C. Fixed price plus incentive fee

    D. progress payments

    E. All of the above


    正确答案：B

  • 第18题：

    93 The type of contract (payment mechanism) chosen for a project is often a reflection of the degree of risk associated with completing that project. For a firm fixed price contract, payment for risk _____ .

    A. Is accomplished by paying the actual costs to the contractor.

    B. Is accomplished by paying the contractor for his costs plus a fixed fee (profit).

    C. Is an undisclosed contingency in the contractor's bid.

    D. Is accomplished by paying for the budgeted costs of dealing with risks, as predicted in the project risk assessment.

    E. B and C


    正确答案：C

  • 第19题：

    132 Which of the following contract types has the highest risk to the contractor:

    A. Firm fixed price (FFP)

    B. Time and material (T&M)

    C. Cost plus fixed fee (CPFF)

    D. Cost plus incentive fee (CPIF)

    E. A and B only


    正确答案：A

  • 第20题：

    199 The degree to which a company accepts and utilizes project management is often dependent upon the _____ and _____ of the project.

    A. Competition, dollar value

    B. Type of industry, manpower requirements

    C. Size, nature

    D. Quality requirements, manpower requirement

    E. Type of industry, risk


    正确答案：C

  • 第21题：

    72 Project trade-offs vary between

    A. risk, cost and schedule.

    B. direct cost, indirect cost, and resource availability

    C. quality, schedule and time

    D. cost, quality and schedule

    E. contract terms, scope and budget


    正确答案：D

  • 第22题：

    In fixed price contract which of the following holds true? (72).

    A．More risk is placed on the buyer

    B．If the amount of the contract is exceeded the seller is not obligated to perform. further unless the buyer increases the funds

    C．The seller agrees to perform. a service or furnish supplies at the established contract price

    D．The seller agrees to use his best effort to fulfill the contract within the estimated contract amount


    正确答案：C

  • 第23题：

    As per Sales Memorandum of Agreement，Title and risk to the Vessel，together with everything belonging to her，shall pass to ______ upon both payment of the Purchase Price and delivery of the Vessel having occurred．

    A.the Sellers

    B.the Charterers

    C.the Buyers

    D.the Merchants


    正确答案：C

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